Impacts of the Asian crisis on developing economies: the need for institutional innovations
Institut für Weltwirtschaft und Internationales Management, Universität Bremen, 2001 - Business & Economics - 73 pages
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Africa Asian countries Asian Crisis Asian Development Bank Axel bank lending bankers banking crises biases capital account liberalisation capital flows capital markets cent companies context corporate sectors credit-based crisis countries crisis management crony capitalism debt declining developing and transition developing countries Developing Economies dynamic Edward Elgar ephors equity capital equity finance especially FDI flows financial innovations financial institutions financial intermediation financial markets financial sector foreign investment regimes globalisation growth Heertje impacts important incentives industrial entrepreneurs institutional innovations interdependencies international capital International Financial Architecture international financial system International Monetary Fund investment efficiency investors Karl Krugman locational innovations macroeconomic market-based finance moral hazard National Financial Systems National Innovation Systems neo-Schumpeterians NFSs and NISs Number OECD over-investment production system reform regard resilient restructuring process role Schumpeter short-term structural technological innovations trade transition countries transition economies trilemma UNCTAD unequal development venture capital vergriffen Washington D.C. Wohlmuth 2000a World Bank